Germany (And Europe) on the Brink — The Bloom is Off Europe’s Former Economic Powerhouse Germany.

• Germany (And Europe) on the Brink — The Bloom is Off Europe’s Former Economic Powerhouse Germany.
  by https://activeprep.law.blog/
  The bloom is off Europe’s former economic powerhouse Germany. Last month, the German Retail Association (HDE) reported that consumer sentiment reached an all-time low in August — then declined further in September.
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  It’s because of increasingly unaffordable energy, food and other essentials while disposable household income is declining. As a result, consumer purchasing intentions also plunged to an all-time low. Looking ahead, there’s nothing positive in prospect, gloom and doom alone at least through winter — most likely much longer.
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  In late September, Spiegel International reported the following:
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  “Germany is expecting tough years ahead with diminishing prosperity, a shrinking middle class and growing inequality.” “This is uncharted territory for the government and society, and both are facing some difficult choices.”
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  When middle class Germans are increasingly hard-pressed to make ends meet, “things start getting dicey everywhere in the country, particularly for the” ruling regime. A combination of soaring inflation, unavailability of vital gas from sabotaged Russian pipelines, public anger over growing deprivation and self-inflicted harm by allying with hegemon USA’s sanctions and hot war on the Russian Federation, Germany faces a perfect storm with no resolution in prospect.
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  read more.

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